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Alchemy Co-founder banned from market by SEBI for insider trading
short by Ambarish Awale / on Thursday, 2 March, 2023
Alchemy Capital's Co-founder Lashit Sanghvi and his wife Neha Sanghvi have been banned from securities market for a year by SEBI for allegedly conducting insider trading of Aptech shares. The regulator also imposed a fine of ₹25 lakh on both individuals. The tip on shares allegedly came from Alchemy Co-founder late Rakesh Jhunjhunwala, who was also the Chairman of Aptech.
read more at CNBC-TV18